News

Summertime, and the innovation was easy

By GREGORY ZELLER // If you’re looking for economic indicators from within the innovation space, consider the sizzling summer just wrapped by Intelligent Product Solutions, the Hauppauge-based product design and development firm. The official numbers aren’t fully tallied yet, but well-laid plans, a long-awaited boost from the company’s Seattle satellite and some fortuitous timing created a perfect summer storm of momentum and opportunity, according to president Mitch Maiman. “Summer has classically been a relatively slow…


Albany funding affordable housing in storm areas

With Hurricane Joaquin positioning itself for a potential East Cost strike, Gov. Andrew Cuomo on Wednesday announced a new $20 million program to support eligible affordable-housing projects in areas ravaged by previous tropical events, including 2012’s devastating Hurricane Sandy. Citing damage caused not only by the historic superstorm but by Hurricane Irene and Tropical Storm Lee – which struck just weeks apart in 2011 – the governor invited qualified housing developers in 33 New York…


Enjoying the not-too-sweet taste of success

By GREGORY ZELLER // Given that he’s American and draws a breath, it’s no surprise Kyle Chandler likes beer. And given that he’s a Long Islander during the Island’s craft-beverage renaissance, it follows that Chandler enjoys small-batch microbrews. In fact, he counts the proprietors of several Island brewpubs – including Riverhead’s Moustache Brewing Co. and Patchogue’s Blue Point Brewing Co. – among his friends, and volunteers often to help them at craft festivals and other…


Monday Debrief: Bruce Stillman. The Man.

There’s barely enough room on the Internet to list Bruce Stillman’s educational credentials and professional accomplishments – his list of awards and honors runs the length of your typical DNA strand. Suffice it to say: In the annals of scientific research, particularly cellular-structure research, the Australian-born biochemist is The Man. Under his watch, CSHL has been ranked the nation’s No. 1 institution for molecular biology and genetics research; it’s also grown into an essential role…


Apps surpass TV as America’s favorite pastime

By DAN BOWEN // The intersection of connectivity, app functionality and mobility have given rise to a new phenomenon. Call it interactive, call it enhanced or social. Whatever you name it, it’s changed the way we watch TV. Just how big is the impact? Huge. Today, 78 percent of Americans watch traditional TV while using another device. And most of us do it on a regular basis. The practice is especially common among smartphone users,…


SilvermanAcampora launches compliance group

By GREGORY ZELLER // By popular demand, business law firm SilvermanAcampora has launched a new practice group to help clients navigate the choppy waters of government compliance. The Jericho firm’s new Government Contracts & Compliance Group will help businesses – particularly those in the aerospace and defense markets – realize the lucrative potential of supplying goods and services to local, federal, state and even foreign governments, while meeting their often-tricky requirements. The new group is…


Answering our ‘pent-up need’ for new industry

By JOHN L. KOMINICKI // A proposed $300 million center on bioelectronic research would get a $50 million jolt if Albany follows recommendations made this week by a group of business and government leaders. The group, which includes both country executives, Long Island Association chief Kevin Law and five other members, was formed to suggest ways to spend $550 million in state funding that has been earmarked for “transformative” projects downstate. Topping their list was a…


ClipFix aces field test, cranks up manufacturing

By GREGORY ZELLER // Commack startup ClipFix, which peddles an easy DIY solution for busted modular plugs, has aced the first of two planned field tests – and that’s good enough for company principals, who’ve placed a 50,000-unit production order that should be ready to ship by mid-October. ClipFix targets the tiny depressible tabs that snap into place when RJ-45 modular plugs are inserted into a port or wall jack, connecting monitors, modems, phones, printers,…


Xerox CEO headlines women, minority biz forum

New York’s largest annual networking event for minority- and women-owned business enterprises is scheduled for Oct. 1 and 2 at the Empire State Plaza Convention Center in Albany. Designed to help small businesses from across New York navigate available state contracts, support organizations and other business-growth protocols, the event is slated to feature a number of heavy-hitting corporate and political guests. Headlining the scheduled speakers are Xerox CEO and Chairwoman Ursula Burns, the first African…


Bees find a way to lick climate change

By JOHN L. KOMINICKI // Nicole Miller-Struttman, a researcher and professor at SUNY Old Westbury, has been creating a bit of a buzz lately with a study suggesting that the effects of climate change are causing the tongues of some bumble bees to shrink. Honey lovers need not read on: Bumble bees gather just enough nectar for day-to-day survival and die off in the winter, leaving behind a a few fresh queens to jump-start new colonies in the spring….


Lesko tapped to head Hofstra entrepreneur center

By GREGORY ZELLER // Accelerate Long Island director Mark Lesko has been named executive dean of Hofstra University’s new Center for Entrepreneurship, a multi-disciplinary program that plans to leverage entrepreneurial activities at the university’s business, law, medicine and engineering schools. Lesko, who is stepping down as Accelerate’s top executive but will continue to work for the organization in a consulting role, starts at Hofstra Oct. 1. The university said Lesko, a former federal prosecutor and onetime…


The Debrief: Michael Dowling, CEO of what might have been Laudica Health

In healthcare administration, Michael Dowling has done it all. A 20-year veteran of the former North Shore-LIJ Health System, now Northwell Health, he’s been New York’s health and human services director and commissioner of the state’s Department of Social Services. He was a senior vice president at Empire Blue Cross/Blue Shield and even taught social policy at the Fordham University Graduate School of Social Services, where he was an assistant dean. A “young 66” come…


SavvyRoo: Bringing data into the media mainstream

By GREGORY ZELLER // In a world in which the social media have largely supplanted actual socializing, it’s strangely fitting that SavvyRoo cofounders Noah Blumenthal and Stephen Ostermiller have barely met. Barely, as in once. Their paths crossed in April 2014, when Blumenthal was a guest speaker and Ostermiller an attendee at a TEDx conference at the University of Nevada-Las Vegas. By then, the two were already partners, and knee-deep in their new social media platform,…


State awards $175M in clean-gen projects

Albany awarded $175 million on Wednesday for five large-scale clean energy projects that are designed to reduce greenhouse gas emissions while decreasing the state’s reliance on fossil fuels. Sorry, none are on Long Island. Once operational, the projects will add about 116 megawatts of new renewable capacity, or enough energy to supply over 54,000 average-sized homes per year. Thee projects, ordered by size, are: Ball Hill Wind Farm, Western New York: RES America Developments will build a 100 MW wind…


Got a minute? They’ll build you a marketing plan

Advertising veterans Ron Greenstone and Chris Nehlen have teamed up on a new agency that plans to eschew long-term branding campaigns and in-it-for-life retainers in favor of fast, affordable, high-impact marketing for small to medium-sized companies. And then they leave you. “We’re trying to engage clients, not marry them,” said Greenstone, who built the Island’s largest agency from one-man shop to $100 million in billings with such clients as Avis, Nikon and IBM, before retiring —…